Indian Bank has released its unaudited financial results for the third quarter (Q3) and the nine-month period of fiscal year 2025-26. The bank showcased strong operational performance, highlighting significant improvements across key financial metrics, including asset quality and profitability. These results reflect Indian Bank’s solid market position and effective financial strategies in the current fiscal year.
Q3 FY26 Performance Highlights
Indian Bank’s business saw a 13.34% increase, reaching ₹14.30 lakh Cr. Deposits grew by 12.62% to ₹7.91 lakh Cr, while advances increased by 14.24% to ₹6.39 lakh Cr.
The bank’s RAM (Retail, Agriculture, and MSME) portfolio expanded by 16.65%, totaling ₹3.90 lakh Cr. Retail advances increased by 18.54%, agriculture by 15.14%, and MSME by 16.41%. Corporate advances also rose, with an increase of 8.16%.
The CASA (Current Account Savings Account) ratio stood at 9.86%, contributing to an overall CD (Credit-Deposit) ratio of 80.77%.
Asset Quality Improvements
Indian Bank demonstrated improvements in asset quality, with GNPA (Gross Non-Performing Assets) declining to 2.23% and NNPA (Net Non-Performing Assets) decreasing to 0.15%. The PCR (Provision Coverage Ratio) remained strong at 98.28%.
Profitability Growth
Net Interest Income (NII) increased by 7.50% to ₹6896 Cr. The Operating Profit was reported at ₹5024 Cr, showing a growth of 5.79%. Profit Before Tax (PBT) increased by 12.90% to ₹4166 Cr, and Net Profit (NP) grew by 7.33% to ₹3061 Cr.
Return on Assets (RoA) was reported at 1.30%, and Return on Equity (RoE) stood at 19.11%.
Priority Sector Focus
The bank achieved 43.75% in the Total Priority Sector against a norm of 40%. In agriculture, the bank achieved 19.42%, against a norm of 18%. Small and marginal farmers achieved 10.22% against a norm of 10%. For weaker sections, the achievement was 14.02% against a norm of 12%. Micro under MSME achieved 12.13% against a norm of 7.50%. Non-Corporate Farmers achieved 17.76% against a norm of 14%.
Source: BSE
